A share price of Corning, Inc [GLW] is currently trading at $50.86, up 0.20%. It is a good measure of the stock’s recent performance to check whether the stock’s short-term value is rising or falling. The GLW shares have gain 1.80% over the last week, with a monthly amount glided 13.63%, and seem to be holding up well over a long-time horizon.
From an analyst’s perspective:
Corning, Inc [NYSE: GLW] stock has seen the most recent analyst activity on January 30, 2025, when HSBC Securities upgraded its rating to a Buy and also boosted its price target to $60 from $51. Previously, Mizuho upgraded its rating to Outperform on August 21, 2024, and elevated its price target to $47. On July 31, 2024, upgrade upgraded it’s rating to Buy but maintained its price target of $46 on the stock. HSBC Securities upgraded its rating to a Hold but stick to its price target of $37 on July 09, 2024. Fox Advisors upgraded its rating to a Overweight but $45 remained the price target by the analyst firm on June 17, 2024. Morgan Stanley downgraded its rating to Equal-Weight for this stock on June 13, 2024, and upped its price target to $38. In a note dated May 30, 2024, JP Morgan upgraded an Overweight rating on this stock and boosted its target price from $37 to $43.
Corning, Inc experienced fluctuations in its stock price throughout the past year between $36.58 and $55.33. Currently, Wall Street analysts expect the stock to reach $56 within the next 12 months. Corning, Inc [NYSE: GLW] shares were valued at $50.86 at the most recent close of the market. An investor can expect a potential return of 10.11% based on the average GLW price forecast.
Analyzing the GLW fundamentals
Trailing Twelve Months sales for Corning, Inc [NYSE:GLW] were 13.60B which represents 16.03% growth. Gross Profit Margin for this corporation currently stands at 0.33% with Operating Profit Margin at 0.11%, Pretax Profit Margin comes in at 0.06%, and Net Profit Margin reading is 0.03%. To continue investigating profitability, this company’s Return on Assets is posted at 0.02, Equity is 0.04 and Total Capital is 0.07. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of0.76.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 50.52 points at the first support level, and at 50.19 for the second support level. However, for the 1st resistance point, the stock is sitting at 51.18, and for the 2nd resistance point, it is at 51.51.
Ratios To Look Out For
To put it in perspective, the Current Ratio for Corning, Inc [NYSE:GLW] is 1.69. Further, the Quick Ratio stands at 1.05, while the Cash Ratio is 0.3. Considering the valuation of this stock, the price to sales ratio is 3.20, the price to book ratio is 3.84 and price to earnings (TTM) ratio is 97.32.
Transactions by insiders
Recent insider trading involved Schlesinger Edward A, Exec. Vice President and CFO, that happened on Jun 02 ’25 when 4464.0 shares were sold. Senior Vice President & CDIO, Seetharam Soumya completed a deal on May 29 ’25 to sell 6505.0 shares. Meanwhile, Officer Edward Schlesinger bought 4464.0 shares on Jun 02 ’25.
